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Artificial scarcity
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Geliefert zwischen Do., 29.01.2026 und Fr., 30.01.2026
Details
Artificial scarcity describes the scarcity of items even though the technology and production capacity exists to create an abundance. The term is aptly applied to non-rival resources, i.e. those that do not diminish due to one person's use, although there are other resources which could be categorized as artificially scarce. The most common causes are monopoly pricing structures, such as those enabled by intellectual property rights or by high fixed costs in a particular marketplace. The inefficiency associated with artificial scarcity is formally known as a deadweight loss. An example of artificial scarcity is often used when describing proprietary, or closed-source, computer software. Any software application can be easily duplicated billions of times over for a relatively cheap production price (an initial investment in a computer, an internet connection, and any power consumption costs; and these are already fixed costs in most environments). On the margin, the price of copying software is next to nothing, costing only a small amount of power and a fraction of a second.
Weitere Informationen
- Allgemeine Informationen
- GTIN 09786130281571
- Editor Frederic P. Miller, Agnes F. Vandome, John McBrewster
- Sprache Englisch
- Größe H220mm x B4mm x T150mm
- Jahr 2010
- EAN 9786130281571
- Format Fachbuch
- ISBN 978-613-0-28157-1
- Titel Artificial scarcity
- Untertitel Scarcity, Monopoly, Intellectual property, Deadweight loss, Proprietary software, Fixed cost, Software license agreement, Technocracy, Technocracy movement, Incentive, Open source, Post scarcity
- Gewicht 113g
- Herausgeber Alphascript Publishing
- Anzahl Seiten 72
- Genre Wirtschaft
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